TI Allowance
How often do tenants use the entirety of their TI allowance, with recent deals, there has been an absurd amount of TI.
How often do tenants use the entirety of their TI allowance, with recent deals, there has been an absurd amount of TI.
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Almost always and they generally exceed the allowance, which requires them to come out of pocket or in some cases have the LL amortize the excess back thru their rent.
I think they exceed most of the time, stuff is expensive, and they WILL spend it.
If they are smart they also negotiate ability to apply unused TI to rent
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